Agriculture News
Corn, soybeans and wheat posted mild corrective gains overnight, recouping a small portion of Thursday’s sharp losses.
Soybeans and wheat posted sharp losses during the overnight session, while corn followed to the downside.
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Corn, soybeans and SRW wheat pulled back from yesterday’s gains during overnight trade, while HRW and HRS wheat extended their losses.
While falling short of pre-report expectations, both wheat and soymeal sales are running well ahead of year-ago. Meanwhile, soybean sales jumped 99% from the previous week and corn sales declined 11%.
Corn, soybeans and wheat traded on both sides of unchanged while holding in tight trading ranges overnight.
Monthly Rural Mainstreet Index finds record low banker pessimism.
Kansas City Federal Reserve highlights district ag credit conditions.
Rural Mainstreet Index slips deeper into the red.
Basis firmed for corn, soybeans and SRW wheat.